Tencate collaboration - plenty of clues in the detail!! - “collaboration & distribution”
“Entry into this agreement follows two years of continuous improvements by the BNNT team which has led to significant progress in automation and process efficiency, resulting in a material reduction in the underlying cost of BNNT to enable wider industry market adoption.Under the terms of the agreement, TenCate will purchase 250 grams of Boron Nitride Nanotubes (BNNT) for infusion and testing into an agreed set of TenCate's products during 2023 to test and validate improvements in protection performance. TenCate will also be able to distribute BNNT to other global defence customers and raw material suppliers.”
Ability to restrict IP usage of products CIB has coming through development? (Similar to Li-S and BNNT for battery companies, etc...)
Allows for;
1. mass distribution of CIB products when ready for market - "test & validate" & "product validation", and
2. wider adoption of other products more quickly
“Collaborating with global organisations like TenCate provides a clear path to product validation and large-scale commercialisation of BNNTs.”
"We are excited to enter into the agreement with TenCate, which will give us access to a global market in a critical number of defence sectors, and over time with the raw material suppliers to TenCate. The Board has designated this partnership as a key priority, and we will have a significant focus on the delivery of BNNT product into this large global market with TenCate."
IMO DYOR
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Tencate collaboration - plenty of clues in the detail!! -...
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